infoTECH News

[January 10, 2013]

USA Technologies Demonstrates Next Phase of Mobile-Based Interactive Coupon and Loyalty Services at 2013 International CES

LAS VEGAS --(Business Wire)--

USA
Technologies, Inc. (NASDAQ: USAT), ("USAT"), a leader of wireless,
cashless payment and M2M (machine-to-machine) telemetry solutions for
small-ticket, self-serve retailing industries, is demonstrating the next
phase of its new mobile-based loyalty and couponing services at 2013
International CES, January 8-11, in Las Vegas in the Verizon (News - Alert) Main
Booth.

The CES demonstration features USAT's mobile app for coupon and loyalty
services. The mobile app is designed for owners and operators of
self-service terminals like vending machines and features contextual
applications (which provide a customized rewards experience based on the
location of the consumer and what they have purchased in the past),
including machine coupon redemption and the ability to push information
and advertisements to consumers. This machine-to-physical application
creates a link to consumers, enabling them to interact with machines for
the purpose of impacting and informing purchasing decisions. New
features to be demonstrated since the CTIA show in October 2012 include
the ability to "gift" points to other program participants and an
improved, streamlined on boarding process.

USAT's loyalty and couponing services to be demonstrated will include:

The mobile application enables consumers to receive product and brand
information, manage and redeem loyalty points for coupons and cash to
use at participating unattended and traditional retail locations;

Consumers can make a purchase at an ePort®-enabled machine utilizing
their preferred cashless payment method and receive a copon via email;

Consumers using the mobile app can search for participating retailers
or "locations" based on where the consumer is in real time, and verify
that their favorite item is in stock at the machine in their area;

Consumers using the mobile app can redeem coupons at unattended
terminals using their NFC phones with digital wallet, credit card or
debit cards, or a prepaid account; and,

Consumers can use their points to send "gifts" to other participants,
making the application interactive and social, encouraging greater
usage.

Maeve McKenna Duska, vice president of marketing for USA Technologies (News - Alert),
commented, "While the small-ticket, unattended retail market is still at
the early stages of transitioning to cashless payment, the new revenue
opportunities that we believe will emerge from mobile-based consumer
engagement applications highlights the need for many operators to
consider making that transition to cashless now.

"In our view, loyalty and couponing features, coupled with the data
compiled as part of our customer's ePort Connect® service offering, will
essentially transform the way many owners and operators in the
unattended market conduct business," added Duska. "We believe business
owners will have unprecedented access to consumers; they will be able to
engage with them to foster a relationship with the brand, encourage
spending, and create the opportunity for additional revenue streams
through brand advertising. The markets we serve will be able to harness
cutting edge technology in ways never thought possible, and working with
Verizon is helping us reach these new heights," concluded Duska.

The mobile application is a result of USAT's co-marketing agreement with
Verizon. Verizon's M2M sales team includes USAT's cashless and telemetry
solutions in their M2M sales toolkit. USAT's comprehensive ePort Connect
service employs the Verizon Wireless (News - Alert) network and the Verizon M2M
Management Center platform. The Verizon M2M Management Center is a
single, scalable and flexible system that allows partners like USAT to
view and manage their M2M connectivity.

The 2013 CES (Consumer Electronics Show) will feature 3,000 global
technology companies unveiling the latest consumer technology products
and services across 15 major product categories including the latest in
audio, automotive electronics, connected home technologies, digital
imaging/photography, electronic gaming, entertainment/content, wireless
and more. CES 2013 is taking place at the Las Vegas Convention Center
and USAT representatives can be found in the South Hall 3, Upper Level,
at the Verizon Main booth #31400. For more information on the 2013 CES,
visit www.CESweb.org.

About USA Technologies:

USA Technologies is a leader of wireless, cashless payment and M2M
telemetry solutions for small-ticket, self-serve retailing industries.
ePort Connect® is the company's flagship service platform, a
PCI (News - Alert)-compliant, end-to-end suite of cashless payment and telemetry
services specially tailored to fit the needs of the small ticket,
self-service retail industries. USA Technologies' also provides a broad
line of cashless acceptance technologies including its NFC-ready ePort®
G8, ePort Mobile™ for customers on the go, and QuickConnect™, an API Web
service for developers. USA Technologies has been granted 84 patents;
and has agreements with Verizon, Visa, Elavon and major customers such
as Compass (News - Alert), Crane, AMI Entertainment and others. Visit the website at www.usatech.com.

IoT Evolution World NewsKen Briodagh, IoT Evolution World Editorial Director, gives you the download on today’s top news stories from the IoT. Visit IoTEvolutionWorld.com for all the industry news you need to get informed and grow your business.

IoT Evolution World NewsKen Briodagh, IoT Evolution World Editorial Director, gives you the download on today’s top news stories from the IoT. Visit IoTEvolutionWorld.com for all the industry news you need to get informed and grow your business.

IoT Evolution World NewsKen Briodagh, IoT Evolution World Editorial Director, gives you the download on today’s top news stories from the IoT. Visit IoTEvolutionWorld.com for all the industry news you need to get informed and grow your business.Posted Wednesday, July 1, 2015

IoT Evolution World NewsKen Briodagh, IoT Evolution World Editorial Director, gives you the download on today’s top news stories from the IoT. Visit IoTEvolutionWorld.com for all the industry news you need to get informed and grow your business.